Shareholder Moves 320 Million Shares into Brokerage, SkyMission Sees HK$62.72 Million Pledge Value

Stock News
Sep 09

According to the latest filings from the Hong Kong Stock Exchange, SkyMission GP (01429) experienced a notable position shift on September 8, with the total pledged securities value reaching HK$62.72 million, accounting for 16.67% of the issued shares.

A shareholder of the company has deposited 320 million shares into Chaosheng Capital, marking a 4.75% increase in their shareholding ratio.

On the same day, September 8, SkyMission GP announced that all conditions under the placement agreement had been fulfilled, and the placement was officially completed in accordance with the terms and conditions of the agreement. A total of 320 million placement shares, equivalent to 20% of the company's issued share capital prior to completion and approximately 16.67% of the expanded issued share capital following the allotment and issuance, were successfully placed to no fewer than six placees at a placement price of HK$0.101 per share.

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